European Delivery of Your New Car Discuss the process and issues associated with European Delivery for non-Euro members.

GLC 43 Lease Numbers

Old May 8, 2018 | 04:21 PM
  #1  
cnair's Avatar
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Audi RS6
GLC 43 Lease Numbers

Hi
New member here...coming out of a BMW 550i lease. I was checking out ED on a GLC43 AMG and was shocked at the lease numbers even with the discounted ED price. The money factor and residual were not disclosed because this was for a 2019 MY GLC 43 but the rough numbers were based on an MSRP of a price of $57,600 (MSRP $61,700) and $3,200 or so drive off fees (not sure what was included in this). The number I was quoted was $910/month without taxes which is astoundingly high for a compact SUV. Are these expected lease numbers for this model? This was through a highly recommended ED specialist as well.

After checking Edmunds it looks like the MF for a 3 year 12K/year lease is 0.00109 with a residual of 53%. I guess the residual is not that high which means higher monthly payments.

Thanks
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Old May 8, 2018 | 05:11 PM
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SoCalRick's Avatar
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BMW 5 Series, Buick Enclave
Originally Posted by cnair
Hi
New member here...coming out of a BMW 550i lease. I was checking out ED on a GLC43 AMG and was shocked at the lease numbers even with the discounted ED price. The money factor and residual were not disclosed because this was for a 2019 MY GLC 43 but the rough numbers were based on an MSRP of a price of $57,600 (MSRP $61,700) and $3,200 or so drive off fees (not sure what was included in this). The number I was quoted was $910/month without taxes which is astoundingly high for a compact SUV. Are these expected lease numbers for this model? This was through a highly recommended ED specialist as well.

After checking Edmunds it looks like the MF for a 3 year 12K/year lease is 0.00109 with a residual of 53%. I guess the residual is not that high which means higher monthly payments.

Thanks
You may want to post this in the GLC43 & GLC63 AMG Forum as I don't think your question is European Delivery unique, and this sub-forum doesn't get a lot of traffic. The MB forums in general are a lot less chatty then the BMW forums that I have participated in. I know that BMWs have typically been cheaper to lease than Mercedes (either due to lease subsidization, inflated residual figures, or both) and I think that is still the case today. Residual values on leased cars are beginning to drop across the board, even for BMW.

-- SCR
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Old May 8, 2018 | 06:37 PM
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Yes BMW lease deals are not great any more. In this case it looks like the MF is marked up a lot.
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